EVA Precision Industrial Holdings (HKG:838) Full Year 2024 Results
Key Financial Results
- Revenue: HK$6.30b (up 1.8% from FY 2023).
- Net income: HK$243.5m (up 2.7% from FY 2023).
- Profit margin: 3.9% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: HK$0.14 (up from HK$0.14 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
EVA Precision Industrial Holdings Earnings Insights
The primary driver behind last 12 months revenue was the Office Automation Equipment segment contributing a total revenue of HK$4.34b (69% of total revenue). Notably, cost of sales worth HK$4.92b amounted to 78% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to HK$692.7m (61% of total expenses). Explore how 838's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Machinery industry in Hong Kong.
Performance of the Hong Kong Machinery industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for EVA Precision Industrial Holdings that you need to take into consideration.
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